How High Will the Federal Debt Go?
Bush Aides Say Budget Deficit Will Rise Again
The Bush administration's new request for funds to fight war would make this year's federal budget deficit the largest in history.
This is the fourth straight year in which the budget deficit is expected to grow.
Future years won't get any better if Bush's social security reforms are enacted and the tax cuts are made permanent.
The only way I can figure that Bush can think we'll eventually turn things around is if the US businesses surge like never before. That would allow increased government revenue which would help balance the budget without raising taxes.
To me it seems like it's too much blind faith....
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